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- Name: Enter a name for your recurring transaction.
- Transaction Type: Select whether the transaction will be a charge or a payment.
- Unit or Loan?: Select the unit or loan the account is associated with.
- Account: Select the account you want the recurring transaction to post to.
- Type: Choose the type of charge/payment to be posted. (i.e. rent charge, insurance charge, cash, check, etc)
- Amount: Enter the dollar amount.
- Description (optional): Enter a description for the transaction. This is what will show in the "description" field of the transaction every time it posts.
- Frequency: Set a frequency you wish the charge/payment to post. The choices include daily, weekly, bi-weekly, monthly, quarterly, semi-annually, annually.
- Starting Date: Select a start date for the recurring transaction. You can only select the 1st day of any month. If you select a date that is equal to "today", the transaction will not post until the next frequency date, and you must enter the transaction manually for "today".
- Ending on Date (optional): The ending on date is the date the transaction will stop running automatically. You do not have to set a stop date, if not the transaction will run at the set frequency perpetually.
- Cancel Button: Click this button to cancel the setup of the Recurring Transaction.
- Save New Transaction: Click this button to confirm the recurring transaction, and you will be redirected to the households Recurring Transactions list view. To edit a Recurring Transactions Details, click the link on the name of the transaction, then click edit (See photo below).
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